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ANNUAL REPORT 2019 |
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ASSETS, LIABILITIES AND EQUITY |
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Balance Sheet |
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As of
December 31, 2019 |
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ASSETS |
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CURRENT ASSETS |
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Cash and Cash Equivalents |
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Cash - Collecting Officers |
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P 46,423.22 |
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Petty Cash |
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0.00 |
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Cash in Bank - Local Currency, Current
Account |
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3,366,581.50 |
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Cash in Bank - Local Currency, Savings
Account |
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2,632,712.24 |
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6,045,716.96 |
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Receivables |
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Accounts Receivable |
P
2,534,533.75 |
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Allowance for Impairment-Accounts Receivable |
(107,317.24) |
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Net Value - Accounts Receivable |
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2,427,216.51 |
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Due from Other Funds |
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0.00 |
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Receivables - Disallowances/Charges |
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57,976.00 |
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Other Receivables |
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47,607.38 |
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2,532,799.89 |
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Inventories |
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Office Supplies Inventory |
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43,951.58 |
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Accountable Forms, Plates and Stickers
Inventory |
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45,336.50 |
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Chemical
and Filtering Supplies Inventory |
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24,143.42 |
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Other
Supplies and Materials Inventory |
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504,126.74 |
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Semi-Expendable
Other Machinery and Equipment |
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3,465.00 |
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621,023.247 |
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Advances |
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Advances for Payroll |
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0.00 |
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0.00 |
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Prepayments |
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Prepaid Rent |
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24,000.00 |
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Prepaid Insurance |
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49,750.59 |
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Guaranty
Deposits |
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74,182.92 |
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Other Prepayment |
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0.00 |
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147,933.51 |
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TOTAL
CURRENT ASSETS |
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9,347,473.60 |
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NON-CURRENT
ASSETS |
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PROPERTY, PLANT AND EQUIPMENT |
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Land |
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Land |
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338,975.50 |
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Land
Improvements |
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Other Land Improvements |
38,047.90 |
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Accumulated Depreciation -
Other Land Improvements |
(25,396.98) |
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Net Value - Other Land Improvements |
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12,650.92 |
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Infrastructure Assets |
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Water Supply Systems |
53,014,505.98 |
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Accumulated Depreciation - Water
Supply Systems |
(20,944,607.54) |
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Other Infrastructure Assets |
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0.00 |
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Net Value - Water Supply Systems |
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32,069,898.44 |
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Buildings and Other
Structures |
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Buildings |
2,061,298.80 |
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Accumulated Depreciation - Buildings |
(1,239,478.07) |
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Net Value - Buildings |
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821,820.73 |
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Machinery and Equipment |
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Office Equipment |
189,136.55 |
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Accumulated Depreciation - Office Equipment |
(125,305.60) |
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Net Value - Office Equipment |
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63,830.95 |
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Information
and Communication Technology
Equipment |
353,325.02 |
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Acc. Depreciation - ICT Equipment |
(272,304.17) |
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Net Value - ICT Equipment |
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81,020.85 |
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Other Machinery and Equipment |
403,908.00 |
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Acc. Depreciation - Other Machinery
and
Equipment |
(129,247.58) |
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Net Value - Other Machinery and Equipment |
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274,660.42 |
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Transportation Equipment |
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Motor Vehicles |
454,538.00 |
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Accumulated Depreciation -
Transportation Equipment |
(274,270.69) |
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Net Value - Transportation Equipment |
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180,267.31 |
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Furniture,
Fixtures and Books |
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Furniture and Fixtures |
124,753.90 |
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Accumulated Depreciation -
Furniture and Fixtures |
(124,753.90) |
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Net Value - Furniture and Fixtures |
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0.00 |
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Construction in Progress |
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Construction in Progress - Infrastructure Assets |
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380,525.89 |
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TOTAL
NON-CURRENT ASSETS |
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34,223,651.01 |
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TOTAL ASSETS |
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P
43,571,124.61
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LIABILITIES AND EQUITY |
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CURRENT LIABILITIES |
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FINANCIAL LIABILITIES |
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Payables |
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Accounts Payable |
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107,058.50 |
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Due to Officers and Employees |
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0.00 |
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107,058.505 |
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Inter-Agency Payables |
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Due to BIR |
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110,606.79 |
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Due to GSIS |
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9,312.54 |
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Due to Pag-ibig |
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10,023.03 |
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Due to Philhealth |
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0.01 |
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Due to LGUs |
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127,130.00 |
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257,072.372 |
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Trust
Liabilities |
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Guaranty/Security Deposits Payable |
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17,222.46 |
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Customer's Deposits Payable |
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173,846.50 |
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191,068.96 |
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DEFERRED CREDITS/UNEARNED INCOME |
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Deferred Credits |
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Other Deferred Credits |
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19,141.90 |
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TOTAL
CURRENT LIABILITIES |
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574,341.73 |
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NON-CURRENT
LIABILITIES |
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FINANCIAL LIABILITIES |
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Bill/Bond/Loans Payable |
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Loans Payable
- Domestic |
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15,512,794.00 |
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TOTAL
LIABILITIES |
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P
16,087,135.73 |
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EQUITY |
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RETAINED
EARNINGS (DEFICIT) |
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Retained Earnings (Deficit), Beginning |
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27,875,879.48 |
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Net Income for the Period |
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(391,890.60) |
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27,483.988.88 |
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TOTAL
EQUITY |
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P
27,483,988.88 |
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TOTAL
LIABILITIES AND EQUITY |
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P
43,571,124.61
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